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Author Topic: Bustabit crowd sale! [Refunded]  (Read 1270 times)
RHavar (OP)
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June 23, 2016, 02:45:33 PM
 #21

I cant see anything such as number of tokens left on the side? IMO this is important for a potential investor like me, I can actually see the interest of the markets from the number of tokens issued left and Im not sure wether you forget to show it or you are hiding it for a purposes

It's being intentionally hidden to prevent a vicious cycle of people not wanting to buy tokens if they're not sure if all the tokens will sell or not. Assuming the crowd sale is successful, I'll provide transparent proof of liabilities which will allow token holders to make sure the correct amount of tokens have been issued (i.e. they weren't oversold)

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
WEBcreator
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June 23, 2016, 02:55:30 PM
 #22

I cant see anything such as number of tokens left on the side? IMO this is important for a potential investor like me, I can actually see the interest of the markets from the number of tokens issued left and Im not sure wether you forget to show it or you are hiding it for a purposes

It's being intentionally hidden to prevent a vicious cycle of people not wanting to buy tokens if they're not sure if all the tokens will sell or not. Assuming the crowd sale is successful, I'll provide transparent proof of liabilities which will allow token holders to make sure the correct amount of tokens have been issued (i.e. they weren't oversold)

Indeed right and Im one of those kind of people who will see how the markets react on this because Im taking risk here, incase the crowdfund is not succesfull then my bitcoin is locked for X amount of days until it is ended and who knows what price will it be until I got my bitcoin again however if it is succesfull then I dont really mind locking it for years though or atleast until the the price of the tokens is high enough

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Daffadile
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June 23, 2016, 04:51:54 PM
 #23

I cant see anything such as number of tokens left on the side? IMO this is important for a potential investor like me, I can actually see the interest of the markets from the number of tokens issued left and Im not sure wether you forget to show it or you are hiding it for a purposes

It's being intentionally hidden to prevent a vicious cycle of people not wanting to buy tokens if they're not sure if all the tokens will sell or not. Assuming the crowd sale is successful, I'll provide transparent proof of liabilities which will allow token holders to make sure the correct amount of tokens have been issued (i.e. they weren't oversold)

It will get crazy, you will have bots buying and selling tokens if anyone ever saw how many tokens were still left to issue. Kind of how bots buy out tickets with captcha solving bots.

 
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RHavar (OP)
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June 24, 2016, 11:59:29 PM
 #24

There's been very little token purchases after the first day, with all the investors I knew to be buying tokens have already done so and only a ~1/3rd sold. So instead of wasting everyones time, I've issued a full refund on your bustabit account  (+0.01 BTC as a thanks).

All larger withdrawals I will likely be processing manually and I'll try contact investors via email to confirm with them the instructions are correct. So please be patient, and give me 12+ hours to process the withdrawal.

Thanks everyone, and I'll try release something more appealing in the near future =)

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
erwin45hacked
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June 25, 2016, 12:05:36 AM
 #25

There's been very little token purchases after the first day, with all the investors I knew to be buying tokens have already done so and only a ~1/3rd sold. So instead of wasting everyones time, I've issued a full refund on your bustabit account  (+0.01 BTC as a thanks).

All larger withdrawals I will likely be processing manually and I'll try contact investors via email to confirm with them the instructions are correct. So please be patient, and give me 12+ hours to process the withdrawal.

Thanks everyone, and I'll try release something more appealing in the near future =)

Isnt 1/3 of total tokens sold in less than a week considered as a good kickstarter there? well you cant really expect to get 3,000 bitcoins instantly within a few days though. Even so many altcoin, shitcoins and whatever coins ICO wont be able to collect such a high amount in just a short time
RHavar (OP)
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June 25, 2016, 12:09:39 AM
 #26

Isnt 1/3 of total tokens sold in less than a week considered as a good kickstarter there? well you cant really expect to get 3,000 bitcoins instantly within a few days though. Even so many altcoin, shitcoins and whatever coins ICO wont be able to collect such a high amount in just a short time

The vast majority was from people I was speaking to/known before (like some of the previous MP investors), and they had already invested the amount they felt comfortable with, so I don't think there was much chance of close the gap. (The last 24h barely had over a bitcoin invested Tongue)

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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